"This is a traditional form of organization used in many countries. In India, post office, railways, public utility services are examples of departmental organization. They are fully organised, managed and funded by government. The ease of formation of departmental undertakings are commendable when compared to a private company. The management can be controlled by government by appointment of a minister. They are not liable to have any option of fund raising from public or private body. Finance is always under the monitoring of government. The minister who is appointed is responsible in managing all affairs. The departmental undertaking acts as a key tool in promoting economic justice within the country. Any enterprise operating under the direct control of government are linked to one of the departments. They are also vital part in contribution to government income. Disadvantages include influence of bureaucracy, casual approach towards work, political influence, financial dependence and so on. More details about the topic can be understood from the powerpoint presentation."

Prachi Garg

178 resources

1

0

0

Like